The Naira recovered marginally against the American dollar on Thursday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency gained N22 to trade N1,564/$1, down from N1,586/$1 it traded on Wednesday.
The intra-day high and low recorded during the day were N1,600/$1 and N1,515/$1 respectively, representing a very lean spread of N85/$1.
However, the Naira lost N2 against the dollar at the parallel section of the forex market to trade N1,602/$1 as against the N1,600/$1 it traded the previous day.
The Naira, however, gained N15 against the British Pound to trade N2,080/£1 as against the previous N2,065/£1.
The Canadian dollar continues to close flat against the naira to trade at N1,200.
The Naira also lost N5 against the Euro to trade N1,725/€1 as against the previous N1,720/€1.